Mastercard (MA) EV to EBIT (2009 - 2026)
Mastercard's (MA) EV to EBIT was 21.30 for Q2 2026, down 27.6% from 29.42 a year earlier and down 3.1% from the prior quarter.
Powered by 
Analysis
Mastercard (MA) EV to EBIT (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mastercard's EV to EBIT came in at 19.89, down 28.5% year-over-year; for FY2025, it was 26.25, down 12.8% from FY2024.
- By year, EV to EBIT came in at 30.10 in FY2024 (+9.0%), 27.62 in FY2023 (+4.9%), 26.32 in FY2022 (-22.4%) and 33.92 in FY2021 (-19.9%).
- The Q2 2026 figure ranks as the lowest quarterly EV to EBIT since Q2 2017.
- Year over year, EV to EBIT has now declined in each of the last four quarters, with an average decline of 5.3% over the last eight quarters.
- The high point for year-over-year EV to EBIT in five years was Q3 2023 (growth of 18.1%); the low point was Q3 2022 (a decline of 38.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 21.98 (Q1 2026), 26.25 (Q4 2025) and 27.78 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 687.36 Bn | 630.68 Bn | - |
| 2 | Mastercard | 513.04 Bn | 472.96 Bn | - |
| 3 | Wise | 14.65 Bn | 14.65 Bn | - |
| 4 | Remitly Global | 5.11 Bn | 2.76 Bn | 307.34 Mn |
| 5 | Western Union | 1.91 Bn | -2.11 Bn | 336.50 Mn |
| 6 | International Money Express | 382.67 Mn | -237.48 Mn | - |
| 7 | Currenc | 167.21 Mn | -59.72 Mn | 3.70 Mn |
| 8 | Sentage Holdings | 4.88 Mn | 4.88 Mn | - |
| 9 | American Express | 208.01 Bn | -160.24 Mn | - |
| 10 | Capital One Financial | 122.27 Bn | 122.27 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.30 |
| Mar 31, 2026 | 21.98 |
| Dec 31, 2025 | 26.25 |
| Sep 30, 2025 | 27.78 |
| Jun 30, 2025 | 29.42 |
| Mar 31, 2025 | 30.22 |
| Dec 31, 2024 | 30.10 |
| Sep 30, 2024 | 29.28 |
| Jun 30, 2024 | 26.81 |
| Mar 31, 2024 | 30.24 |
| Dec 31, 2023 | 27.62 |
| Sep 30, 2023 | 26.19 |
| Jun 30, 2023 | 27.66 |
| Mar 31, 2023 | 26.96 |
| Dec 31, 2022 | 26.32 |
| Sep 30, 2022 | 22.18 |
| Jun 30, 2022 | 25.80 |
| Mar 31, 2022 | 31.25 |
| Dec 31, 2021 | 33.92 |
| Sep 30, 2021 | 35.75 |
API Access
Mastercard EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=MA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "MA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=MA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();